Follow the dollars · Assumption only
A complete cash picture for Dec 11, 2026
Your down payment$61,089Cash toward the purchase price.
Closing costs + prepaids$13,512Not just lender fees.
Before credits & paid funds$74,601The complete starting cash picture.
Estimated remaining funds due at closing
$74,601No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$61,088.62
Your down payment$61,088.62
Closing costs + prepaids$13,512.14
Total buyer cash needed$74,600.76
Remaining funds due$74,600.76
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,800.00
Title & settlement$1,825.00
Recording fee$100.00
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$563.75
Initial HOA (3 months)$396.00
Prepaid interest, first (21 days)$1,277.39
Fees + prepaids$13,512.14
Your down payment is the seller’s equity. You take over the $418,911 balance, so the rest of the $480,000 price is paid at closing. A second mortgage can cover part of it. $74,600.76 is due at closing. Uses and sources reconcile at $493,512.14 each. Not a Closing Disclosure.